The IBEForuM event is scheduled for February 28-29 in Riyadh, Saudi Arabia

IBEForuM is thrilled to announce the forthcoming Saudi Procurement Innovation Conference, slated for February 28th-29th, 2024, in Riyadh, Saudi Arabia. This premier gathering aims to bring together industry leaders, innovators, and procurement experts from the Middle East to delve into the future of procurement.

In alignment with the ambitious Saudi Vision 2030, the conference underscores the pivotal role of procurement and supply chain strategies in driving the nation’s transformation. It serves as a vital platform for exchanging insights, exploring trends, and showcasing best practices in procurement, with a keen focus on cost efficiency and sustainability to bolster profitability for Saudi Arabia’s transformation initiatives.

Here are the key highlights of the Saudi Procurement Innovation Conference:

Networking with Industry Leaders:

Forge connections with professionals, experts, and leaders spanning various sectors, fostering partnerships and facilitating knowledge exchange.

Addressing Industry Challenges:

Participate in discussions centered around procurement challenges, collaboratively seeking solutions and implementing effective strategies.

Exploring Innovations:

Uncover the latest technologies and solutions reshaping procurement processes, offering benefits to both attendees and solution providers.

Business Opportunities:

Engage with participants representing diverse industries, paving the way for new supplier relationships, partnerships, and client opportunities.

With the global procurement software market projected to reach $9.5 billion by 2028, and a staggering 83% of procurement professionals indicating that less than half of their processes are automated, there exists a vast opportunity for technological advancement in this domain. Furthermore, global spending on digital transformation is expected to soar to $6.8 trillion in 2023, underscoring the critical role of innovation in procurement.

The Saudi Procurement Innovation Conference by IBEForuM emerges as the premier event for those seeking to stay abreast of procurement trends, network with industry luminaries, and contribute to the realization of the goals outlined in Saudi Vision 2030.